I saw that price drop. That has got to be some sort of loss leader pricing to get you in the door – either that or something is seriously wrong with it.
It’s hard to imagine one of those with that kind of view going for $450k, but, if so, then all the condos in CV are really overpriced.
BTW, condo prices seem to be coming down dramatically in CV. You can pick up something pretty nice for around $450k now and if you want something older, then they are closer to $400k.
I thought we’d have to wait at least another quarter to see these kind of price drops.
The condos on the bluff in SB are also dropping and the prices in 92008 near the beach for the older complexes are getting very close to $400k.